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Coho Collective Kitchens (TSXV:COHO) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Coho Collective Kitchens Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Coho Collective Kitchens's annualized net income for the quarter that ended in Dec. 2023 was C$-7.40 Mil. Coho Collective Kitchens's average shareholder tangible equity for the quarter that ended in Dec. 2023 was C$-10.22 Mil. Therefore, Coho Collective Kitchens's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Coho Collective Kitchens's Return-on-Tangible-Equity or its related term are showing as below:

TSXV:COHO's Return-on-Tangible-Equity is not ranked *
in the Restaurants industry.
Industry Median: 11.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Coho Collective Kitchens Return-on-Tangible-Equity Historical Data

The historical data trend for Coho Collective Kitchens's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coho Collective Kitchens Return-on-Tangible-Equity Chart

Coho Collective Kitchens Annual Data
Trend Mar22 Mar23
Return-on-Tangible-Equity
- -

Coho Collective Kitchens Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -827.78 - - - -

Competitive Comparison of Coho Collective Kitchens's Return-on-Tangible-Equity

For the Restaurants subindustry, Coho Collective Kitchens's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coho Collective Kitchens's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coho Collective Kitchens's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Coho Collective Kitchens's Return-on-Tangible-Equity falls into.



Coho Collective Kitchens Return-on-Tangible-Equity Calculation

Coho Collective Kitchens's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-6.071/( (-0.076+-1.358 )/ 2 )
=-6.071/-0.717
=N/A %

Coho Collective Kitchens's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-7.396/( (-9.36+-11.077)/ 2 )
=-7.396/-10.2185
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Coho Collective Kitchens  (TSXV:COHO) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Coho Collective Kitchens Return-on-Tangible-Equity Related Terms

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Coho Collective Kitchens (TSXV:COHO) Business Description

Traded in Other Exchanges
N/A
Address
1370 E. Georgia Street, Vancouver, BC, CAN, V5L 2A8
Coho Collective Kitchens Inc engages in the provision of Commercial Commissary Kitchens and the rental of these kitchens to food-based businesses in Canada. The company currently offers its services and sells its products through three main channels, commissary operations, the hospitality food service establishment (Cafe), and the e-commerce food delivery platform, CohoMarket.ca (Coho Market).

Coho Collective Kitchens (TSXV:COHO) Headlines

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